Project Summary
Country

Sierra Leone

Location

Freetown, NP Terminal Kissy

Project Category

Civil Engineering

Tasks

Electrical plant and infrastructure assessment

Client

PETROJETTY Limited S/L

Status
Start

February 2026

End
Budget

$75 Million (USD)

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Valuation of Assets of Petro Jetty Ltd

CEMMATS is currently conducting a technical valuation of the physical assets of PETROJETTY Limited, a company domiciled in Freetown, Sierra Leone, and an affiliate of the ADDAX ORYX Group. The assignment pertains to assets situated at the new Oil Jetty at the NP Terminal in Kissy.

Project Brief

The work includes the implementation of an appropriate valuation methodology, as well as the inspection, assessment, and valuation of the identified assets. Buildings and Structures; Machinery and Equipment (including Electrical, Mechanical, and Process Infrastructure); and Other Assets have been categorized to facilitate assessment.


The primary operations and maintenance personnel at the site were consulted regarding the operational condition, maintenance history, and performance of the various equipment and facilities as part of the exercise. The assets were physically inspected. Additionally, pertinent technical data and equipment specifications were acquired and documented to facilitate the valuation process.

The Result